American Battery Technology Company’s stock (ABAT) continues to rise above its goal

American Battery Technology Company [ABAT] stock prices are up 10.58% to $2.09 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ABAT shares have gain 16.11% over the last week, with a monthly amount glided 58.33%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

American Battery Technology Company [NASDAQ: ABAT] stock has seen the most recent analyst activity on March 27, 2024, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $6.

The stock price of American Battery Technology Company [ABAT] has been fluctuating between $0.73 and $4.11 over the past year. American Battery Technology Company [NASDAQ: ABAT] shares were valued at $2.09 at the most recent close of the market.

Analyzing the ABAT fundamentals

Gross Profit Margin for this corporation currently stands at -4.12% with Operating Profit Margin at -24.94%, Pretax Profit Margin comes in at -32.31%, and Net Profit Margin reading is -32.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.79, Equity is -0.93 and Total Capital is -0.7. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.9200 points at the first support level, and at 1.7400 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.2300, and for the 2nd resistance point, it is at 2.3600.

Ratios To Look Out For

It’s worth pointing out that American Battery Technology Company [NASDAQ:ABAT]’s Current Ratio is 2.19. As well, the Quick Ratio is 2.17, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 103.96, the price to book ratio is 2.82.

Transactions by insiders

Recent insider trading involved Lowery Elizabeth Ann, Director, that happened on May 19 ’25 when 95078.0 shares were sold. Director, Lowery Elizabeth Ann completed a deal on May 20 ’25 to sell 14922.0 shares. Meanwhile, Chief Executive Officer Melsert Ryan Mitchell sold 0.13 million shares on Apr 30 ’25.

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